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The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas

The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas

Steven G. Medema

The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas

January 1, 2009Princeton University Press246 pages
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Description

The author explores what has been perhaps the central controversy in modern economics from Adam Smith to today. He traces the theory of market failure from the 1840s through the 1950s and subsequent attacks on this view by the Chicago and Virginia schools.

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